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15 of 96 unique stocks in common · Jaccard: 15.6%
A weighted portfolio overlap of 39.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.25 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.46% in ICICI Prudential Large Cap Fund and 5.80% in Kotak Focused Fund. Holding both schemes increases your concentration in HDFC Bank rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in ICICI | in Kotak |
|---|---|---|
| HDFC BankBanks | 8.46% | 5.80% |
| ICICI BankBanks | 8.72% | 5.51% |
| Bharti AirtelTelecom - Services | 4.34% | 4.79% |
| Reliance IndustriesPetroleum Products | 5.41% | 4.05% |
| Axis BankBanks | 4.67% | 3.03% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 3.00% |
| Ultratech CementCement & Cement Products | 2.69% | 2.82% |
| Larsen & ToubroConstruction | 5.38% | 2.65% |
| NTPCPower | 2.38% | 3.35% |
| InterGlobe AviationTransport Services | 1.83% | 2.64% |
| Hero MotoCorpAutomobiles | 1.59% | 2.95% |
| State Bank of IndiaBanks | 1.02% | 4.39% |
| EternalRetailing | 0.54% | 4.20% |
| Tech MahindraIT - Software | 0.50% | 2.56% |
| Godrej Consumer ProductsPersonal Products | 0.33% | 1.73% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.